The global hazard control market was valued at USD 1.17 Billion in 2016 and is expected to grow at a CAGR of 5.83%, during the forecast period, to reach USD 1.63 Billion by 2022.

The global market is set to witness a significant growth due to stringent norms for industrial safety, development of unconventional hydrocarbon resources, growing environmental concerns, and growing concern for human resources safety in industries.